What you need to know about taxes in private practice
In this Ask an Expert webinar, Edie Gardner, CPA, LCSW, shares essential financial management strategies to help therapists build sustainable private practices.
Moderated by Shayan from SimplePractice, the session covers critical aspects of practice finances including:
- How to structure both business and personal budgets using the 50-30-20 rule and other frameworks
- Best practices for paying yourself, managing inconsistent income, and calculating estimated taxes
- Why separating business and personal finances is crucial for long-term success
- Retirement planning options for solo practitioners and how to incorporate savings into your budget
If you've been struggling with the financial aspects of your private practice or want to ensure your business decisions aren't driven primarily by financial pressure, this webinar provides practical guidance on creating a financial foundation that supports both your practice goals and personal financial wellbeing.
How SimplePractice Helps You Manage Your Practice Finances
SimplePractice offers HIPAA-compliant, all-in-one practice management software that streamlines scheduling, billing, and documentation so you can focus more on your clients. Try SimplePractice free for 30 days. No credit card required.
